TLS29: Brian Murray on Craft Ventures, Investing in Bitcoin Companies, and the Impact of the Lightning Network

Brian Murray is a partner and the COO at Craft Ventures, a VC firm dedicated to finding the next generation of world-changing companies.

Brian shared a fascinating perspective on Bitcoin, Lightning, startup investing, and the ways in which the Lightning Network will be impactful to different sets of people all over the world. I learned a ton from this conversation, and I know you will too.

→ Craft Ventures: https://www.craftventures.com/

The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.

→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo

→ Use code KEVINROOKE to get 50% off your first month's Lightning node

At the end of every show I answer any questions listeners send in over the Lightning Network.

To ask a question, send a message, or to support the show, download Fountain from the iOS or Google Play App Store and load your wallet with a few sats.

→ Fountain: https://www.fountain.fm/

→ Listen to More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT

→ Follow Kevin Rooke on Twitter: https://twitter.com/kerooke

→ Lightning Address: ⚡kerooke@fountain.fm

Timestamps:

00:00 - Intro

01: 38 - Brian Murray Intro

07:18 - The Lightning Network’s Impact on Society

12:05 - Will Lightning Change The Way People Earn?

19:22 - How To Get More People Building on Bitcoin

21:22 - How Craft Ventures Partners Think About Bitcoin

23:36 - Craft Ventures’ Investing Process

28:28 - SaaS and Bitcoin Business Models

37:22 - Bootstrapping a Bitcoin Business

39:39 - The Lightning Network’s TAM

45:05 - Hedging Uncertainty with Bitcoin

48:00 - Measuring Bitcoin Adoption

55:19 - Lightning’s Impact in the Developing vs. Developed World

59:25 - Creating & Capturing Value on Lightning

1:12:30 - The Lightning Round